Actuarial valuation
fiscal year 2026, as reported to the PRBFunded ratio
74.4%
- Actuarial accrued liability
- $51.6B
- Actuarial value of assets
- $38.4B
- Unfunded liability
- $13.2B
- Amortization period
- 19.0 years
- Assumed return
- 7.00%
- Contributions (employer / employee, % pay)
- 10.0% / 8.6%
Financial report
fiscal year 2025- Net assets (market value)
- $40.1B
- Benefit payments
- $3.2B
- Total contributions
- $2.5B
Membership
fiscal year 2025- Active members
- 146,783
- Annuitants
- 127,195
Funded status by year
| FY | Funded ratio | Assets (actuarial) | Liability | Unfunded | Amortization |
|---|---|---|---|---|---|
| 2026 | 74.4% | $38.4B | $51.6B | $13.2B | 19.0 |
| 2025 | 74.4% | $38.4B | $51.6B | $13.2B | 19.0 |
| 2024 | 72.0% | $35.8B | $49.8B | $13.9B | 30.0 |
| 2023 | 70.8% | $34.0B | $48.0B | $14.0B | 31.0 |
| 2022 | 68.9% | $31.6B | $45.9B | $14.2B | 32.0 |
| 2021 | 68.0% | $30.1B | $44.2B | $14.1B | 33.0 |
| 2020 | 66.0% | $28.5B | $43.3B | $14.7B | never |
| 2019 | 70.5% | $28.1B | $39.8B | $11.7B | never |
| 2018 | 70.2% | $27.4B | $39.0B | $11.6B | never |
| 2017 | 70.1% | $26.4B | $37.6B | $11.3B | never |
| 2016 | 75.2% | $26.6B | $35.3B | $8.7B | 35.0 |
| 2015 | 76.3% | $25.9B | $33.9B | $8.0B | 33.0 |
| 2014 | 77.2% | $25.4B | $32.9B | $7.5B | never |
| 2013 | 77.4% | $24.7B | $31.9B | $7.2B | never |
| 2012 | 81.0% | $24.3B | $30.0B | $5.7B | never |
| 2011 | 82.6% | $24.0B | $29.1B | $5.1B | never |
| 2010 | 83.2% | $23.6B | $28.4B | $4.8B | never |
| 2009 | 87.4% | $23.5B | $26.9B | $3.4B | never |
| 2008 | 92.5% | $23.5B | $25.4B | $1.9B | never |
| 2007 | 95.6% | $22.9B | $24.0B | $1.0B | never |
| 2006 | 95.2% | $21.8B | $22.9B | $1.1B | never |